Question: Take Test: Unit 3 CA: Analyzing Financial Performance with ... Which of the following is a benefit of a common-size income statement? (CSLO 2) A.
Which of the following is a benefit of a common-size income statement? (CSLO 2)
| A. | It is very useful to assess how effectively a firm collected its accounts receivable. | |
| B. | It reveals a great deal of information about the adequacy of a firms net working capital. | |
| C. | It can tell the analyst a great deal about a firms efficiency and profitability. | |
| D. | It reveals how effectively a firm has increased its assets |
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